- Business ID: 2925
- Price: £2,250,000
- Annual Turnover: £5,600,000
- Business Category: Bars & Restaurants
- Location: UK Based
- Tenure: Leasehold
- Living Accommodation: No
- EPC Rating: Awaiting Cert
Sovereign are delighted to market four immaculately presented specialist steak restaurants with contemporary, state of the art cocktail bars.
4 x immaculately presented specialist Steak Restaurants with contemporary, state of the art Cocktail Bars.
Each establishment has been creatively designed to an impeccably high standard, giving a remarkable, memorable dining experience, and ensuring customer loyalty.
Being the steak specialists that they are, the restaurants serve the best quality beef which is sourced from their very own wholesale butchery and supply chain company. This dedicated production facility makes all their proprietary food products to the highest of standards.
Serving everything from tender steaks, ribs, and burgers right through to specialty vegetarian options, each restaurant caters to a range of customer tastes.
The Cocktail Bars further enhance the dining experience and attract a regular and enviable customer base for both food and drinks.
All restaurants are fitted with fully equipped commercial kitchens. These incorporate the usual stainless steel preparation areas, fridge freezers and gas cookers along with custom built grills that allow for a unique cooking process that creates an incredible taste profile.
Collectively, the restaurant chain generates an impressive annual net turnover of circa £5,600,000 across 3 restaurants and its wholesale division. A 4th restaurant has recently been set up and the rent agreed on this is £50,000 base rent with a top up to 5% of net turnover. This also includes 9 months rent free and a capital investment from the landlord.
An appointment to view comes highly recommended.
- Enviable customer base
- Limited company share sale
- Sought after locations
- Excellent opportunities for further growth
- Impeccable interior design
- Lucrative opportunity for someone in hospitality
ENQUIRE ABOUT THIS BUSINESS
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